Then your kids inherit at a stepped up basis and depreciation starts all over again and they decide to continue on this same financial freedom plan and NEVER do a straight sale and keeps 1031 exchanging or refinancing, they can defer, defer, defer and die too.You need to start by reading Multifamily millions  by David Lindahl, Loopholes of real estate by Garrett Sutton advisor to Robert Kiyosaki and listen religiously to Del Walmsley's at Lifestyles Unlimited.  

I would also add building wifi ...I just did that and tenants loved it..especially if they are poor and can't afford the luxury...Cost $60/month and they can all get on and enjoy unlimited high speed.

If you can spare a few hundred for a website then you will make this road a little easier, but if you cant then think about doing the following..Attend Real Estate MeetupCall every broker in the cityNetwork with unlimited Realtors  If you stay consistent you will get the traction you need to market to. 

I am a member of Lifestyles Unlimited. 

Hello, I been interested in flipping properties for years, being raised in a family residential developers and mortgage brokers and bankers, i have seen the best of both worlds in real estate. and i have grown to be fascinated with the entire real estate industry which is why i am building a business plan to realize and develop my dereams of starting a real estate investment business. my even seeing the worst of the real estate market i am still fascinated and see unlimited potential to make money in this industry.I began my plan in january of this year, and i am giving myself until year end to finish it. the motivation for the plan is to develope my ideas the correct way and also to attract capital investors in the future. i do not have very much capital at all to start, and i know that i will have a hard time finding an investor willing to put up cash to somone that is new to the game and does not have much skin un the game so i decided that i will begin by wholsaling contracts which has little barriers to entry and will allow me to put some money away so i can invest what i have built along with a capital investor to purchase properties to flip outright in cash. after i have done a handfull of thease flips i would like to phase in a few a propererty here and there to purchase, upgrade and rent in order to see the property cashflow.

Unless you have unlimited funds to keep supplying the asset, especially during a downturn, how do you plan to survive the coming recession?

Raising - and recovering - OPM provides essentially unlimited deal funding.My $0.02 ...

But you have unlimited liability if you do it that way.Most states will allow you to do business as a foreign (i.e., foreign to that state) business, but many if not most require you to register your out-of-state entity in the state in order to get limited liability protection in that state.

You get unlimited use of the BP calculators! 

I had unlimited buying from Israel, well they were doing about 15 per month ( did about 225 ) but then they got greedy, All the best